Ever wonder why the Stock Market goes up, they say the Economy is growing, but wonder why it might not have appeared in your economic ecosystem? In our current system there is a disconnect between the value that work produces and how we choose to reward it. Wages have not increased appreciably since the late 70’s but costs across the board have increased. So, why has it happened?
It has happened because the rules we have created have built an incentive structure that suck the value created in the system to the top. Entrepreneurs and self starters are not the enemy, it is the system created in Washington through regulatory capture that has created rules where we have dramatically moved away from the idea, that “we all win, when we all win”. So, what I hope to do through my writing is highlight some area’s I have seen where we could do better. Buckle up, and enjoy the journey.
Economic Journeyman 